In December 2015, a total volume of 52.3 TWh was traded on EPEX SPOT's Day-Ahead and Intraday power markets (December 2014: 46 TWh).
Day-Ahead markets
In December 2015, power trading on the Day-Ahead markets on EPEX SPOT (including APX markets) accounted for a total of 46,917,768 MWh (December 2014: 41,207,862 MWh).
The Power UK Day-Ahead market experienced already the second consecutive all-time monthly high with 4,559,383 MWh traded.
Prices in Central Western Europe, connected within the Multiregional Coupling, converged 30% of the time (December 2014: 13%).
Intraday markets
On the EPEX SPOT Intraday markets (including APX), a total volume of 5,339,961 MWh was traded in December 2015 (December 2014: 4,805,522 MWh).
In December, cross-border trades represented 8% of the total continuous Intraday volume in Germany, France, Austria and Switzerland. 15-minute contracts represented 9% of the volume traded on the German, Austrian and Swiss continuous Intraday markets.
New members
In December, EPEX SPOT welcomed new members to its markets. BTG Pactual Commodities (Switzerland) SA joined the German/Austrian and French Day-Ahead auctions. ExtraEnergie GmbH joined the German/Austrian Day-Ahead auction and the German Intraday markets. Stadtwerke München GmbH and KOM-Solution GmbH extended their existing EPEX SPOT memberships to the German Intraday 15-minutes auction. Markedskraft ASA and Tinmar Energy SA extended their memberships to the Austrian Intraday market and Gunvor International BV to the Swiss Intraday market.
Please find further details on the volumes and prices below:
Volumes
Power Spot Volumes | Monthly volume MWh | Monthly volume – previous year MWh |
---|---|---|
Total | 52,257,729 | 46,013,384 |
Day-Ahead | 46,917,768 | 41,207,862 |
Day-Ahead DE/AT | 23,971,806 | 25,409,640 |
Day-Ahead FR | 11,048,057 | 6,892,217 |
Day-Ahead UK total - Day-Ahead Auction UK - Half-Hour 15:30 auction UK |
4,752,631 4,559,383 193,248 |
1,582,402 1,582,402 0* |
Day-Ahead NL | 3,325,131 | 3,629,415 |
Day-Ahead BE | 2,040,111 | 1,963,400 |
Day-Ahead CH | 1,780,032 | 1,730,788 |
Intraday | 5,339,961 | 4,805,522 |
Intraday DE/AT total - hourly continuous DE - 15-min continuous DE - 15-min call auction DE - hourly continuous AT - 15-min continuous AT |
3,568,856 2,846,199 283,139 321,546 110,680 7,292 |
2,732,372 2,248,827 341,843 86,791 54,911 0** |
Intraday FR | 260,130 | 350,435 |
Continuous UK | 1,299,367 | 1,478,800 |
Intraday NL | 82,682 | 84,236 |
Intraday BE | 63,321 | 76,452 |
Intraday CH total - hourly continuous - 15-min continuous |
65,605 65,214 391 |
83,227 80,896 2,331 |
* Segment launched in February 2015
** Segment launched in October 2015
Additionally, the Power UK OTC Bilateral Give-up registered 27,360 MWh.
Prices and Indices
Price – monthly average (Base / Peak***) Price/MWh |
|
---|---|
Day-Ahead DE/AT – PHELIX | €27.78 / €37.19 |
Day-Ahead FR | €35.13 / €43.57 |
Day-Ahead UK | £34.82 / £39.73 |
Day-Ahead UK Half-Hour | £34.66 / £39.25 |
Day-Ahead NL | €33.73 / €41.03 |
Day-Ahead BE | €35.94 / €44.28 |
Day-Ahead CH – SWISSIX | €52.24 / €59.83 |
European Electricity Index – ELIX | €28.33 / €37.76**** |
Intraday DE/AT (hourly continuous) | €24.97 / €34.88 |
Intraday 15-minute call auction DE | €24.70 / €34.18 |
Intraday FR | €34.98 / €43.56 |
Intraday NL | €35.05 / €42.51 |
Intraday BE | €36.26 / €43.56 |
Intraday CH (hourly continuous) | €48.48 / €56.46 |
*** Peak excl. weekend
**** calculated on the orders of DE/AT, FR & CH under the assumption of unlimited transmission capacity between the markets
The European Power Exchange EPEX SPOT SE and its affiliates operate organised short-term electricity markets for Germany, France, United Kingdom, the Netherlands, Belgium, Austria, Switzerland and Luxembourg; markets representing 50% of European electricity consumption. Striving for the well-functioning European single market for electricity, EPEX SPOT shares its expertise with partners across the continent and beyond. EPEX SPOT is a European company (Societas Europaea) in corporate structure and staff, based in Paris with offices or affiliates in Amsterdam, Bern, Brussels, Leipzig, London and Vienna. More than 280 companies have traded over 500 TWh of electricity on EPEX SPOT and its affiliates in 2015. EPEX SPOT is held by EEX Group, part of Deutsche Börse, and HGRT, a holding of European electricity transmission system operators. For more information, please visit www.epexspot.com.